When Binance IPO? CZ explains how his firm’s ‘path’ forward is different from that of rival Coinbase

Quick Take

  • The world’s largest crypto exchange Binance doesn’t have IPO plans like rival Coinbase, CEO Changpeng “CZ” Zhao told The Block.
  • Binance wants to take a more crypto-native “path” forward, said Zhao, i.e., expanding the utility of its “utility token” BNB. 
  • Zhao said he’s spending most of his time growing the BNB ecosystem. 

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